income measures (such as after-tax income) in both 1999 and 2005. The median household's economic well-being was lower in …

We use the Levy Institute Measure of Economic Well-being (LIMEW), the most comprehensive income measure available to … represents the first international comparison based on LIMEW, which differs from the standard measure of gross money income (MI …) in that it includes noncash government transfers, public consumption, income from wealth, and household production, and …

This paper concerns the problem of inferring the effects of covariates on intergenerational income mobility, i.e. on … of mobility- (i) traditional transition probability of movement across income quantiles over generations and (ii) a new …

This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare …. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing … measurement error or transitory income shocks and an AR(1) component representing persistent changes in income. We use a tractable …